www.standoutstocks.com: Stocks That Stand Out For Nov. 12th, 2009 Are XDSL, TTEG, ALIF, EGMI

Posted on: Thu, 12 Nov 2009 12:01:00 EST


Symbols: XDSL, ALIF, TTEG, EGMIE
Nov 12, 2009 (M2 PRESSWIRE via COMTEX) --
TTEG | Quote | Chart | News | PowerRating -- www.Standoutstocks.com: Stocks That Standout For Nov. 12th, 2009 are mPhase Technologies, Inc. (OTCBB: XDSL | Quote | Chart | News | PowerRating), Turbine Truck Engines, Inc. (OTCBB: TTEG), Artificial Life, Inc., (OTCBB: ALIF | Quote | Chart | News | PowerRating), Electronic Game Card, Inc. (OTC Bulletin Board: EGMI)

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mPower Technologies Named CES Innovations 2010 Personal Electronics Design and Engineering Award Honoree

NEW YORK, NY, Nov 10, 2009 -- mPower Technologies Inc., the wholly owned consumer products division of mPhase Technologies, Inc. (OTCBB: XDSL), today announced that it has been named an International CES Innovations 2010 Design and Engineering Awards Honoree for its mPower Emergency Illuminator, designed by the Porsche Design Studio. Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, engineers, and members of the media to honor outstanding design and engineering in cutting edge consumer electronics products across 36 product categories.

The mPower Emergency Illuminator utilizes a groundbreaking battery technology developed by mPhase Technologies to offer Power On Command(TM) when and where you need it. The mPower Reserve Battery offers an unprecedented minimum shelf life of 20 years and has an immediate activation to full power. Through an intricate battery design, mPhase developed a way to eliminate power dissipation before initial activation.

The mPower Illuminator provides an intense beam of white light using a high-performance LED, and is equipped with an accessory USB connection that can be used to charge electronic devices such as BlackBerries and iPhones.

"We are honored to win this peer reviewed Innovations Design and Engineering Award from the Consumer Electronics Association," said mPhase CEO Ron Durando. "The combination of the sleek, cutting edge design by the Porsche Design Studio and the unique 'first of its kind' emergency capabilities make the mPower Emergency Illuminator an extraordinary consumer product.

The prestigious Innovations Design and Engineering Awards have been recognizing achievements in product design and engineering since 1976. It is sponsored by the Consumer Electronics Association (CEA)(R), the producer of the International CES, the world's largest consumer technology tradeshow, and endorsed by the Industrial Designers Society of America (IDSA), the voice of industrial design, committed to advancing the profession through education, information, community and advocacy.

The mPower Emergency Illuminator will be displayed at the 2010 International CES, which runs January 7-10, 2010 in Las Vegas, Nevada. The Innovations Design and Engineering Showcase will feature honorees by product category in the Grand Lobby of the Las Vegas Convention Center and will also be featured at CES Unveiled: The Official Press Event of the International CES on Tuesday, January 5.

The Innovations entries are judged based on the following criteria: -- Engineering qualities, based on technical specs and materials used -- Aesthetic and design qualities, using photos provided -- The product's intended use/function and user value -- Unique/novel features that consumers would find attractive -- How the design and innovation of the product compares to other products in the marketplace

Products chosen as an Innovations honoree reflect innovative design and engineering of the entries. Examples may include the first time various technologies are combined in a single product or dramatic enhancements to previous product designs.

Innovations 2010 Design and Engineering honoree products are featured on www.CESweb.org/Innovations, which lists product categories, as well as each product name, manufacturer information, designer, description, photo and URL.

About mPhase Technologies, Inc. and mPower Technologies, Inc.

mPhase Technologies, Inc. (OTCBB: XDSL), through its wholly owned subsidiary mPower Technologies, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry. For more information, please visit our website at www.mPhaseTech.com.

Safe Harbor Statement This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of companies mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.

Turbine Truck Engines Names Magdy Attia, Ph.D., as Its Chief Technology Officer

DELAND, FL, Nov 12, 2009 -- Turbine Truck Engines, Inc. ("TTE") (OTCBB: TTEG | Quote | Chart | News | PowerRating) is pleased to announce that the company has named Magdy Attia, Ph.D., as its Chief Technology Officer. A respected engineer, researcher, and published author whose expertise has benefited major corporations nationwide, Dr. Attia has served TTE since February 2007 as the chairman of the company's Technical Advisory Board.

Dr. Attia earned his Doctorate of Philosophy in Mechanical Engineering from Texas A&M University. His dissertation topic was "Performance of Axial Compressors and Turbines for Turbomachinery Applications." During that process, he participated in a NASA-Lewis funded project to create a complete engine performance code that simulated the design and off-design performance of gas turbine engines. He also was responsible for writing and validating the code, and creating the summary document for publication. As a Senior Engineer at Westinghouse Electric Corporation, Dr. Attia was lead designer for the W501FD compressor upgrade. In 1997, he received the George Westinghouse Signature Award of Excellence, and he holds a patent for "High Temperature Compression and Reheat Gas Turbine Cycle and Related Method." Dr. Attia is currently serving as an Associate Professor in the Department of Aerospace Engineering at Embry-Riddle Aeronautical University in Daytona Beach, Florida, and he also leads the university's Gas Turbine Research Laboratory. In addition, he is the founder and president of the AbM Engineering, LLC, an advanced science consulting firm.

Michael Rouse, President and CEO of TTE, commented, "Dr. Attia has ably served the company and we are pleased that he will lead our technical efforts as we continue the development and commercialization of the Detonation Cycle Gas Turbine engine." About Turbine Truck Engines, Inc.

Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture and testing of its New Energy and Environmentally Efficient Truck Engine intended for mass market distribution in the United States and abroad. The new engine can utilize any known fuel source (gasoline, diesel, propane, natural gas, hydrogen, methanol, ethanol or LPG) or fuel mixture, yet needs zero coolant, lube oil, filters, or pumps. Its unique, lightweight turbine design has few moving parts, significantly reducing maintenance costs. The innovative cyclic detonation process produces a complete combustion of fuel-oxidizer mixtures, resulting in greater fuel economy and fewer harmful exhaust emissions. For more information concerning Turbine Truck Engines, Inc., visit www.ttengines.com.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance, development and results of the company's business include, but are not limited to, fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services, and pricing, general market trends and conditions, and other risks detailed in the company's SEC reports.

Artificial Life Hires Senior Director Business Development Europe

LOS ANGELES and HONG KONG, Nov 11, 2009 -- Artificial Life, Inc., (OTC BB: ALIF), ( http://www.artificial-life.com ), today announced today it has hired a new senior manager for its European operations.

As of December 1, 2009, Mr. Matthias Immel will take on the role of Senior Director Business Development Europe and operating manager for the Berlin office of the Company.

Matthias has over 15 years experience as an executive in the Telecommunications, Media and Entertainment industry. He has worked recently as business consultant for various major Telco and Media companies in Europe.

Until end of 2006 Matthias worked as Vice President at T-Mobile International within the Consumer Marketing Unit in London and Bonn and was responsible for the development and implementation of international products in the messaging and data area.

He was responsible for the launch of key multimedia propositions like Mobile Television, Ringback-Tone services, Full-Track music download to mobile and Europe-wide marketing programs of the company like UEFA EURO2004, the sponsorship and campaign around the European Football championship in Portugal and the FIFA Worldcup 2006 in Germany amongst others.

At the beginning of his career Matthias worked for SAT.1 Television in Berlin, followed by six years at BMG Entertainment in Munich, where he worked his way up to heading the then newly formed Internet Division of the company for Europe.

Piror to his role at T-Mobile International Matthias worked for Telefonica Moviles as Director Portal Product Management to launch the MVNO business of the company in Germany.

Matthias studied Communications and Economics at Ludwig-Maximilians- University in Munich.

"We are looking forward to working with Matthias. He has already introduced us to such major acts as Robbie Williams and Linkin Park in the past. Hence we feel very comfortable to offer Matthias this position. He will be a major contributor to our further expansion in Europe," said Eberhard Schoneburg, CEO of Artificial Life, Inc.

"I am excited to join the Artificial Life team. The Company is one of the top mobile publishers in the world with a great perspective. I will do my best to contribute with my management experience and my contact network especially in the music and sports field to the future success story of Artificial Life," said Matthias Immel, Director Business Development, Artificial Life Europe, GmbH.

About Artificial Life, Inc.

Artificial Life, Inc. (OTC BB: ALIF | Quote | Chart | News | PowerRating) is a public U.S. corporation headquartered in Los Angeles, with its production center in Hong Kong and additional offices in Berlin (EMEA headquarter) and Tokyo. As a leading, full-service provider of mobile broadband 3G technology, mobile participation TV, mobile gaming, and content and business applications, Artificial Life provides 2D and 3D multi- and single- player rich-media applications for 3G, 3.5G and 4G network-enabled mobile phones. Recognized internationally for outstanding content quality and technology, Artificial Life transcends traditional modes of mobile communications and interactive gaming. For more information, please visit http://www.artificial-life.com or the company's m- commerce portal at http://www.botme.com.

Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding our future results of operations, financial condition and business prospects. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, our ability to obtain additional funding to operate and grow our business; the unproven potential of our mobile gaming business model; changing consumer preferences and uncertainty of market acceptance of our products; timely adoption and availability of 3G mobile technology; market acceptance for use of mobile handheld devices to play the interactive games; unpredictable mobile game development schedules; our reliance on a relatively small number of brands; our ability to license brands from others; our dependence upon resellers and telecommunication carriers and operators to distribute our products; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB filed on February 10, 2009. We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Electronic Game Card Inc. Reports Third Quarter 2009 Earnings

--Company's third quarter 2009 revenue increases 38 percent quarter-over-quarter to $4.2 million--Company generates operating margins of 59 percent and gross margins of 78 percent

IRVINE, Calif. and LONDON, Nov 12, 2009 -- Electronic Game Card, Inc. ("EGC") (OTC Bulletin Board: EGMI), today reported financial results for its third quarter ended September 30, 2009, marking the Company's eleventh consecutive quarter of both year-over-year and sequential revenue and profit growth.

The Company reported revenues of $4.2 million, a 39 percent increase over the prior year third quarter level of $3.0 million and a 38 percent increase over second quarter 2009 revenues of $3.1 million. The Company's continued revenue growth reflected repeat business as well as progress in sales within the promotions market, additional licensing and trial orders of new lines introduced at the end of last year. The Company reported comprehensive net income applicable to common stockholders for the third quarter of $2.9 million or $0.04 per diluted share versus net income of $1.7 million or $0.03 per diluted share for the third quarter 2008 and net income of $2.0 million or $0.03 per diluted share for the second quarter 2009. Third quarter 2009 operating income was $2.5 million compared to $1.8 million in the comparable period of 2008 and a 38 percent increase over second quarter 2009.

For the three months ended September 30, 2009, Electronic Game Card's gross profit on revenue totaled $3.3 million, yielding a gross margin of 78 percent and representing the eleventh consecutive quarter of gross margin in excess of the company's target level of approximately 70 percent. The increase in gross profit reflected a continued growth in license fees, which have lower associated cost. One of the Company's primary objectives is to manage the business to maximize gross profit dollars. Consequently, as the Company takes advantage of future business opportunities, its gross margin may fluctuate due to varying percentage mix of higher margin licensing revenue versus direct sales that generates higher revenue at lower margin.

Operating expenses during third quarter 2009 totaled $798,000, an increase of approximately $274,000 or 52% over third quarter 2008 and $159,000 or 25% over second quarter 2009. The increase was attributed to the costs associated with the new management, expanded Board of Directors, expenses related to a heightened marketing effort, and costs incurred in establishing the Company's new headquarters in Irvine, California. Operating expenses as a percentage of revenues fell by 210 basis points to 19 percent over the second quarter.

For the nine months ended September 30, 2009, Electronic Game Card's revenues increased to $10.2 million, a 31 percent increase compared to revenues of $7.8 million reported during the comparable period in 2008. Comprehensive net income applicable to common shareholders significantly improved for the current nine month period to $6.6 million or $0.10 per fully diluted share, compared to net income for the previous year nine month period of $4.3 million or $0.07 per fully diluted share.

Cash and equivalents on September 30, 2009 were $12.7 million, an increase of approximately $4.5 million from year end December 31, 2008 and an increase of approximately $1.4 million for the June 30, 2009 balance. Accounts receivable increased approximately $1.0 million over the prior second quarter 2009. The majority of the other receivables increase was due to inventory prepayments. At September 30, 2009, the Company's current ratio was 17 to 1. During the third quarter of 2009, EGC increased investments by $665,000 to $8.1 million as a result of further investment in software development.

As of September 30, 2009, Electronic Game Card had approximately 68.1 million shares of common stock outstanding. The Company's weighted average number of common shares fully diluted totaled 72.2 million (inclusive of the all options, warrants and the convertible preferred debt). On September 30, 2009, the Company's stockholder's equity totaled $23.2 million, an increase of $4.7 million from June 30, 2009.

Commenting on the quarterly results, Kevin Donovan, Joint Chairman and CEO of Electronic Game Card, Inc, said, "A great deal was accomplished during the third quarter as we continued to add global distribution partners and new complementary technology platforms. We believe we are putting the pieces into place that will lead to solid top and bottom line growth in 2010 and beyond." "We are deeply grieved by the untimely passing of our Executive Chairman, The Lord Leonard Steinberg, on November 2, 2009. We were fortunate to have the benefit of his direction over the last 16 months. The Lord Steinberg, during his extraordinary life, achieved many significant accomplishments and, due to his personal nature, took great pride and enjoyment not only through his success, but also with the many close relationships he developed. He devoted special focus over the past year to develop EGC, a business in which he saw great prospects and opportunities," stated Kevin Donovan and Eugene Christensen, Joint Chairmen of Electronic Game Card, Inc. "It is our honor to continue Leonard's fine work and build this company into an entity that would have made him proud." CONFERENCE CALL Conference Call Details:

Date/Time: Thursday, November 12, 2009--10:00 a.m. (ET) Telephone Number: 888-713-4217 International Dial-In Number: 617-213-4869 Participant Pass code: 21898631 Internet Access: www.electronicgamecard.com or www.earnings.com

It is recommended that participants phone-in at least 10 minutes before the call is scheduled to begin. Participants may pre-register for the call at - https://www.theconferencingservice.com/prereg/key.process?key=PLLYWRJRM Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection. A replay of the conference call in its entirety will be available approximately one hour after its completion by dialing 888-286-8010 (U.S.), 617-801-6888 (International) and entering the pass code 89743451 and on the Internet at www.earnings.com.

Contact: Yvonne L. Zappulla Managing Director Grannus Financial Advisors, Inc.

(212) 681-4108 yvonne@grannusfinancial.com

or

Kevin Donovan Chief Executive Officer Electronic Game Card, Inc.

(888) 341-3421 investor.relations@electronicgamecard.com

About Electronic Game Card, Inc.

Electronic Game Card, Inc., (OTCBB: EGMI), develops, produces and markets innovative games to the promotional industry worldwide, toys and games, casinos and lottery. The Company's lead product is the EGC Electronic GameCard(TM), a unique credit card-sized pocket game combining patent and patent-pending proprietary technology of interactive capability with "instant win" excitement. The EGC Electronic GameCard(TM), Know-it-All QuizCard(TM), iQuizCard(TM), and ePLAYCards for Education are completely customizable and can be programmed to suit a variety of gaming, promotions, and education applications including skinned to popular licensed intellectual property brands in a variety of popular cultures in sports, music, movies, entertainment, fashion, history, geography, and many other genres.

EGMI's client base is across the $100 billion global market of, sales promotion, education, gaming and casinos, Indian gaming and state and national lotteries markets. EGMI develops sales and marketing relationships with agents and distributors globally and currently has agents and distributors in North America, United Kingdom, Ireland, Mexico, Italy, Sweden, Norway, Denmark, Finland, South Africa Australia, New Zealand and Japan. For further information please visit www.electronicgamecard.com Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Risk factors are listed in the most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.

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For full details on (XDSL) XDSL. (XDSL) has Short Term PowerRatings at TradingMarkets. Details on (XDSL) Short Term PowerRatings is available at This Link.

For full details on (ALIF) ALIF. (ALIF) has Short Term PowerRatings at TradingMarkets. Details on (ALIF) Short Term PowerRatings is available at This Link.

For full details on (TTEG) TTEG. (TTEG) has Short Term PowerRatings at TradingMarkets. Details on (TTEG) Short Term PowerRatings is available at This Link.

For full details on (EGMIE) EGMIE. (EGMIE) has Short Term PowerRatings at TradingMarkets. Details on (EGMIE) Short Term PowerRatings is available at This Link.